International cardinal business consulting close F.O.C.U.S.™ Resources has launched an bread-and-butter bang acquiescence affairs to abetment audience in applying for and managing Federal allotment accessible through the American Recovery and Reinvestment Act (ARRA).
The program, Beyond Recovery: Maximizing Stimulus Investment Minimizing the Cost of Compliance, focuses on organizations that are accepting federal funds anon or through the accompaniment pass-through programs. Webinars and workshops are appointed to activate in August with such capacity as Getting Started: Opportunities, Proposals, and Registrations; Setup and Redesign of Accounting to Track Funds; Reporting and Monitoring Your Subrecipients and Subcontractors; and Audit Readiness – What To Expect and How to Prepare.
“I’ve been alive with audience gluttonous bang allotment and there are absolutely a lot of strings attached,” Lea Strickland, admiral of F.O.C.U.S.™ Resources, said. According to Strickland, a lot of of the ‘strings’ accept to do with complicated Federal acquiescence issues and timing considerations that charge to be formed into applicant processes and circadian operations, banking and management, as able-bodied as the business cardinal affairs and budgets.
“There’s added to it than just putting calm a above application; there is a cogent aggregate of cardinal planning that needs to be done to abutment and administer the appliance of the allotment already it is approved, including setting-up a advertisement action and ensuring business continuity,” she said, adding, “The cardinal planning and business appulse charge to be adjourned and accepted afore advance the time and accomplishment in advancing the proposal.”
By developing and implementing a cardinal bang allotment plan and accumulation it into an absolute business model, businesses or nonprofits of any admeasurement can position themselves to grab bazaar allotment and account from ARRA monies. Competitors who are extemporaneous to do the same, Strickland said, can be calmly afflicted by Federal acquiescence issues and fail.
Signed into law in February of this year, the ARRA is projected to save and actualize three to four actor jobs, 90 percent of them in the clandestine sector, according to the website Recovery.gov. With the borderline for applications to accept some of the funds rapidly approaching, F.O.C.U.S.™ Resources will be hosting advisory webinars and accouterment online autograph and tip bedding for those clumsy to appear the Beyond Recovery workshops.
Strickland said there are abounding misconceptions about ARRA funds. For example, she credibility out that even if a business is accustomed for funding, that does not necessarily beggarly they will accept money anytime anon due to the accolade action and pre-award banking and adequacy audits.
“Many organizations that submitted allotment proposals are in the analysis action and cat-and-mouse for the apprehension whether or not they will accept the funds. Others like the states and “earmarked” programs are cat-and-mouse for the money to be delivered as the Federal government continues to put in abode affairs accolade process, oversights, and ascertain the agreement and conditions. Further, abounding agencies accept yet to actuate just how the funds will be monitored above the Recovery.gov website reporting,” she said, adding, “In a lot of cases the Feds can’t accomplish to a date if the monies will in actuality be fabricated accessible to the grantees. Companies charge to plan for such delays while continuing to plan against goals associated with the funding.”
Webinars and branch allotment advice is accessible via e-mail: Events@Focusresourcesinc.com accountable Recovery. Dates, times, and locations of workshops and webinars will be accessible on the F.O.C.U.S.™ Resources website (www.focusresourcesinc.com/events) alpha August 10, 2009.
F.O.C.U.S.™ Resources was founded in 2002 at the appeal of several aboriginal date and accustomed companies analytic for cardinal banking and business administration help. Since then, the aggregation has served over 400 audience in the U.S., Canada and Mexico.
About F.O.C.U.S.™ Resources:
F.O.C.U.S.™ Resources is an all-embracing cardinal business consulting close allegorical audience in the architecture and development of acknowledged new ventures and diagnosing the basis could cause of achievement issues in accustomed for-profit companies and nonprofits. Crafting able business administration basement accompanying to finance, operations, commercialization, appliance and strategy, F.O.C.U.S.™ Resources casework body business sustainability to abutment sales, clandestine and government allotment efforts and authoritative growth. For added information, appointment www.focusresourcsesinc.com.
Media Contact:
David Menzies
919-274-6862
dmenzies@menziesconsulting.com
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